U.S. crude oil production averaged 11.3 million barrels per day (b/d) in 2020, down 935,000 b/d (8%) from the record annual average high of 12.2 million b/d in 2019.

The blue-chip CSI300 index ended 0.66% higher, led by a 2.63% jump in its healthcare sub-index and a 1.94% gain in the consumer staples sector.

the goods and services deficit was $68.2 billion in January, up $1.2 billion from $67.0 billion in December,

U.S. Rig Count is up 1 from last week at 403, Canada Rig Count is down 22 from last week to 141

Brent rose by 53 cents, or 0.8 %, to $68.77 a barrel. WTI rose by 53 cents, or 0.8 %, to $68.77 a barrel.

Combined, the so-called OPEC+ alliance produced 37.83 million b/d, its lowest since October, the survey found, putting the group's compliance with its quotas at 113.5%.

Japan’s Nikkei rallied 1.02% on Tuesday afternoon, while MSCI’s broadest index of Asia-Pacific shares outside Japan was 0.10% higher. Chinese blue chips added 0.03%, after earlier hitting their lowest level this year.

Only a transition seen by all as being fair and equitable will command that consent, engagement and participation. We will therefore fail to make the transition if we fail to make the transition just.

The Worldwide Rig Count for January was 1,183, up 79 from the 1,104 counted in December 2020, and down 890 from the 2,073 counted in January 2020.

Brent rose 83 cents, or 1.2%, to $67.57 a barrel. WTI were up 77 cents, or 1.2%, to $64.60 per barrel.

In advanced economies where nuclear represents the largest source of low-carbon electricity, nuclear power is losing ground, with plants closing and limited investment in new construction at the time when the world requires more low-carbon electricity.

As a reliable and carbon-free source of electricity that is available 24 hours a day, seven days a week, nuclear energy has an important role in powering the fourth industrial revolution.

Tvel said the new production facility in Elektrostal is a result of a contract signed as a part of a 2018 nuclear cooperation deal between Russia and China, which included the joint construction and operation of the CFR-600 plant.

U.S. commercial crude oil inventories increased by 21.6 million barrels to 484.6 million barrels.

Brent added 52 cents, or 0.8%, to $64.59 a barrel. WTI gained 43 cents, or 0.7% to $61.71 a barrel.